HomeMy WebLinkAbout028676 ORD - 07/13/2010Page 1 of 2
ORDINANCE
APPROPRIATING AN AMOUNT OF $100,000 (FUNDS RECEIVED
FROM SMG UNDER CONTRACTUAL OBLIGATION TO CONTRIBUTE
CAPITAL FOR THE AMERICAN BANK CENTER} INTO THE 4710
VISITORS FACILITY FUND FOR AMERICAN BANK CENTER
EXPENDITURES; CHANGING THE FY 2009-2010 OPERATING
BUDGET ADOPTED BY ORDINANCE NO. 028252 BY INCREASING
REVENUES AND EXPENDITURES BY $100,000 EACH; AND
DECLARING AN EMERGENCY
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS
CHRISTI, TEXAS:
SECTION 1. An amount of $100,000 (funds received from SMG under contractual
obligation to contribute capital for the American Bank Center) is appropriated into the
4710 Visitors Facility Fund for American Bank Center expenditures.
SECTION 2. The FY 2009-2010 Operating Budget adopted by Ordinance No. 028252
is changed by increasing revenues and expenditures by $100,000 each.
SECTION 3. Upon written request of the Mayor or five Council members, copy
attached, the City Council (1) finds and declares an emergency due to the need for
immediate action necessary for the efficient and effective administration of City affairs
and (2) suspends the Charter rule that requires consideration of and voting upon
ordinances at two regular meetings so that this ordinance is passed and takes effect
upon first reading as an emergency measure on this the 13th day of July, 2010.
ATTEST:
Armando Chapa
City Secretary
APPROVED A O FO : 07 -Jul -10
Veronica Ocanas
Assistant City Attorney
For City Attorney
CITY OF CORPUS CHRISTI
Joe ame
Mayor
028676
071310 ORD App $100,00 capital contributions from SMG for ABC
INDEXED
Page 2 of 2
Corpus Christi, Texas
/34day of
, 2010
TO THE MEMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
For the reasons set forth in the emergency clause of the foregoing ordinance an
emergency exists requiring suspension of the Charter rule as to consideration and
voting upon ordinances at two regular meetings: I/we, therefore, request that you
suspend said Charter rule and pass this ordinance finally on the date it .is introduced, or
at the present meeting of the City Council.
Respectfully, Respectfully,
Joe Aad m
Mayor
The above ordinance was passed by the following vote:
Joe Adame
Chris N. Adler
Brent Chesney
Larry R. Elizondo, Sr.
Kevin Kieschnick Ab56/41----
Priscilla Leal
John E. Marez
Nelda Martinez
Mark Scott
028676
071310 ORD App $100,00 capital contributions from SMG for ABC
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized
representative), hereby certify to the City Council and other appropriate officers that the money
required for the current fiscal year's portion of the contract, agreement, obligation or expenditure
described below is in the Treasury to the credit of the Fund specified below, from which it is to be
awn, and has not been appropriated for any other purpose. Future payments are subject to
annual, appropriation by the City Council.
Council Action Date: July 13, 2010
genda Item: Ordinance appropriating an amount of $100,000 (funds received from SMG under
contractual obligation to contribute capital for the American Bank Center) into the 4710 Visitors
acility Fund for American Bank Center expenditures; changing the FY 2009-2010 Operating
Budget adopted by Ordinance No. 028252 by increasing revenues and expenditures by $100,000
each, and declaring an emergency
mountRequired:
Fund Name
Visitor's Facility Fund
Visitor's Facility Fund
$100,000
Fund No.
4710
4710
Org. No.
13625
13625
Account No.
540275
340200
Project No.
Expense
Revenue
Amount
$100,000
$100,000
Total;:
Certification Not Required
$100,000
Director of Financial Services
Date: -7 - -7 ,